Oracle (ORCL) Tops Q4 EPS by 11c, Cloud Revenue Up 58%
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UPDATE: Argus Upgrades Oracle (ORCL) to Buy
June 23, 2017 7:10 AM EDT(Updated - June 23, 2017 7:20 AM EDT)
(updated to add analyst comment)
Argus upgraded Oracle (NYSE: ORCL) from Hold to Buy with a price target of $61.00.
The analyst likes the shareholder friendly attitude as the company maintains a strong dividend... More
Oracle (ORCL) PT Raised to $56 at Canaccord Genuity on 4Q Beat; 'Expects PaaS & IaaS Business to Enter Hyper-Growth in F18'
June 22, 2017 10:58 AM EDTCanaccord Genuity raised its price target on Oracle (NYSE: ORCL) to $56.00 (from $49.00) while maintaining a Buy rating, following the company's fourth quarter earnings announcement.
Analyst Richard Davis notes the company delivered fourth quarter earnings per share, revenues and margins above consensus projections... More
Oracle (ORCL) PT Raised to $62 at BofA/Merrill Lynch; Reiterates Buy
June 22, 2017 9:53 AM EDTBofA/Merrill Lynch raised its price target on Oracle (NYSE: ORCL) to $62.00 (from $54.00) while maintaining a Buy rating. Despite the strength AH, BofA/Merrill Lynch continues to rate ORCL Buy and raised the price target by applying MSFTs peak forward... More
Oracle (ORCL) PT Raised to $52 at UBS Following 4Q
June 22, 2017 9:18 AM EDTUBS raised its price target on Oracle (NYSE: ORCL) to $52.00 (from $48.00) while maintaining a Buy rating following the company's 4Q earnings report.
The standout highlights from ORCL's 4Q was the $500M revenue beat and +200bps of margin upside, which combined delivered ~7c of EPS outperformance.
... MoreOracle (ORCL) PT Raised to $57 at BMO Capital on 4Q Beat; 'Strong Performance was Broadly Based'
June 22, 2017 8:58 AM EDTBMO Capital raised its price target on Oracle (NYSE: ORCL) to $57.00 (from $48.00) while maintaining a Outperform rating, following the company's fourth quarter announcement.
Analyst Keith Bachman notes the company delivered fourth quarter earnings per share, revenues and operating margins above consensus projections... More
Oracle (ORCL) PT Raised to $48 at Deutsche Bank Following 4Q
June 22, 2017 7:39 AM EDTDeutsche Bank raised its price target on Oracle (NYSE: ORCL) to $48.00 (from $44.00) while maintaining a Hold rating.... More
Oracle (ORCL) PT Raised to $62 at Drexel Hamilton on 4Q Beat; 'Cloud Momentum Takes Oracle Back to 2000 Again'
June 22, 2017 7:37 AM EDTDrexel Hamilton raised its price target on Oracle (NYSE: ORCL) to $62.00 (from $53.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.
Analyst Brian White notes the company delivered fourth quarter earnings per share, revenues and margins above consensus projections... More
Oracle (ORCL) PT Raised to $48 at MKM Partners
June 22, 2017 7:28 AM EDTMKM Partners raised its price target on Oracle (NYSE: ORCL) to $48.00 (from $45.00) while maintaining a Neutral rating.
... MoreOracle (ORCL) PT Raised to $52 at Stifel on 4Q Beat; 'Strong Close to FY17 As License Strength Augments Growing Cloud Business;
June 22, 2017 7:26 AM EDTStifel raised its price target on Oracle (NYSE: ORCL) to $52.00 (from $47.00) while maintaining a Buy rating, following the company's fourth quarter earnings announcement.
Analyst Brad Reback notes the company delivered fourth quarter earnings per share, revenues, margins and CFFO above consensus projections, as... More
Oracle (ORCL) PT Raised to $60 at Jefferies, "Strongest new Business In years"
June 22, 2017 6:53 AM EDTJefferies raised its price target on Oracle (NYSE: ORCL) to $60.00 (from $52.00) while maintaining a Buy rating.
... MoreOracle (ORCL) PT Raised to $58 at BTIG, "Impressive Execution Begets Multiple Expansion"
June 22, 2017 6:51 AM EDTBTIG raised its price target on Oracle (NYSE: ORCL) to $58.00 (from $47.00) while maintaining a Buy rating.
Analyst Joel Fishbein Jr. raises FY 2018 EPS estimate from $2.85 to $3.05.
... MoreWedbush Upgrades Oracle (ORCL) to Outperform
June 22, 2017 6:45 AM EDTWedbush upgraded Oracle (NYSE: ORCL) from Neutral to Outperform with a price target of $56.00 (from $44.00).
Analyst Steve Koenig upgrades the stock citing better visibility into double-digit EPS growth, evidence of accretion from transition to SaaS and positive checks on PaaS and IaaS sales... More
Oracle (ORCL) PT Raised to $55 at JPMorgan
June 22, 2017 6:32 AM EDTJPMorgan raised its price target on Oracle (NYSE: ORCL) to $55.00 (from $51.00) while maintaining a Overweight rating.
Analyst Mark Murphy raises estimates following the strong report Wednesday night.
FY 2018 EPS estimate rises from $2.90 to $2.92 and FY 2019 EPS estimate remains at $3.13.
... MoreOracle (ORCL) PT Raised to $55 at Cowen
June 22, 2017 6:26 AM EDTCowen raised its price target on Oracle (NYSE: ORCL) to $55.00 (from $48.00) while maintaining a Outperform rating.
Analyst J. Derrick Wood ponders if private cloud IaaS vision is beginning to reinvigorate the large customer capital commitment back into ORCL database platform.
FY 2018 EPS... More
Oracle (ORCL) Estimates Raised At JMP Securities
June 22, 2017 5:57 AM EDTJMP Securities maintains Market Perform on Oracle (NYSE: ORCL).
Analyst Pat Walravens raises his estimates following a strong report Wednesday night.
FY 2018 EPS estimate rises from $2.89 to $3.01 and FY 2019 EPS estimate rises from $3.18 to $3.33
For an analyst ratings summary... More
Oracle (ORCL) Estimate Raised At Wunderlich
June 22, 2017 5:55 AM EDTWunderlich Securities maintains Hold on Oracle (NYSE: ORCL) price target of $46.00.
Analyst Ryan MacDonald raises his estimates on the company following a strong report on Wednesday night.
FY 2018 EPS estimate rises from $2.95 to $3.02.
For an analyst ratings summary and... More
Oracle (ORCL) Estimate Raised At Pacific Crest
June 22, 2017 5:50 AM EDTPacific Crest maintains Sector Weight on Oracle (NYSE: ORCL).
Following a strong report Wednesday night from ORCL Pacific Crest analyst Brent Bracelin is raising his estimate on the company citing higher growth and better margin expectations in 2018.
FY 2018 EPS estimate rises from... More
Oracle (ORCL) PT Raised to $55 at Barclays, "Upward Momentum Continues"
June 22, 2017 4:58 AM EDTBarclays raised its price target on Oracle (NYSE: ORCL) to $55.00 (from $51.00) while maintaining a Overweight rating.
... MoreOracle (ORCL) PT Raised to $56 at Goldman Sachs
June 22, 2017 4:57 AM EDTGoldman Sachs raised its price target on Oracle (NYSE: ORCL) to $56.00 (from $49.00) while maintaining a Buy rating.
... MoreOracle (ORCL) Offers Q1 Guidance
June 21, 2017 5:21 PM EDTOracle (NYSE: ORCL) sees Q1 EPS of $0.59 to $0.61 in constant currency vs consensus of $0.59. Q1 revenue is seen up 4%-6% in constant currency.
Q1 cloud revenue is seen up 48% to 52%.It sees double digit EPS growth in FY18.... More
